公司概述
Centuri Holdings, Inc. operates as a utility infrastructure services company within North America, providing gas utility services through four distinct segments: U.S. Gas Utility Services, Canadian Operations, Union Electric Utility Services, and Non-Union Electric Utility Services. The company is situated in the Utilities sector, specifically within the Regulated Gas industry, which typically implies operations subject to regulatory oversight and stable demand characteristics driven by energy consumption needs. With a total market capitalization of $3.37 billion and annual revenue reaching $2.98 billion, the entity employs a workforce of 9,687 individuals across its operational footprint. These valuation and revenue figures indicate that Centuri Holdings, Inc. holds a substantial position within the regulated utility infrastructure market, reflecting significant scale and established market presence relative to smaller regional operators.
财务健康
The company reported a total revenue of $2.98 billion over the trailing twelve months, generating a net income of $22.39 million and an EBITDA of $240.74 million during the same period. The substantial disparity between the $2.98 billion revenue and the $22.39 million net income reveals a highly leveraged cost structure where operational expenses and interest obligations consume the vast majority of earnings before tax. Free cash flow for the trailing twelve months stands at $4.57 million, indicating limited financial flexibility to fund aggressive capital expenditures or large-scale acquisitions without external financing. Gross margin is recorded at 8.3%, operating margin at 4.6%, and profit margin at 0.8%, collectively illustrating the low-margin nature of the regulated utility services business where volume and efficiency are critical. Liquidity is supported by $126.63 million in cash against $957.49 million in total debt, resulting in a debt-to-equity ratio of 109.00% that characterizes a highly leveraged balance sheet typical of capital-intensive utility firms. The current ratio of 1.78 suggests adequate short-term liquidity to meet obligations as they come due, providing a buffer against immediate cash flow fluctuations. Return on equity is 3.1% and return on assets is 2.8%, metrics that reveal modest management effectiveness in generating returns relative to the capital base and asset intensity of the utility sector.
估值评估
The trailing twelve-month P/E ratio is 133.64, while the forward P/E ratio is 34.27, implying that the market expects a significant expansion in earnings per share to justify the current valuation multiple. The price-to-book ratio stands at 3.85, indicating that the market values the company at a substantial premium over its tangible book value, reflecting intangible assets or growth expectations. The price-to-sales ratio is 1.13, and the EV/EBITDA multiple is 17.46, suggesting that the stock is priced at a level consistent with growth-oriented utility infrastructure names rather than mature, low-growth peers. The 52-week high is $33.57 and the 52-week low is $14.84, providing a clear range within which the stock has traded over the past year. The beta value is listed as N/A, meaning volatility data relative to the broader market is not currently disclosed in the available financial records.
Growth & Income
Revenue growth for the year-over-year period is 19.7%, while earnings growth reaches an impressive 175.2%, indicating that earnings are expanding at a rate significantly faster than revenue, likely driven by cost optimization or one-time gains. The company does not pay a dividend, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%, which means the company retains all earnings rather than distributing them to shareholders. This reinvestment strategy allows the company to fund infrastructure maintenance, debt reduction, or potential organic growth initiatives within its utility segments. Overall, the company presents a growth profile characterized by strong earnings acceleration and a capital retention approach typical of regulated utility service providers focusing on operational expansion.